Agencies
Services
Anti-Predatory Lending Database
Welcome Message
Welcome to the Anti Predatory Lending Database website.
The purpose of this site is to eliminate predatory lending practices by increasing the borrowers' understanding of the loans they are considering and therby reduce the number of foreclosures resulting from inappropriate loans.
The Anti-Predatory Lending Database can be accessed here: www.ilapld.com. For assistance using the Anti-Predatory Lending Database, please contact APLD Customer Service at 1-888-455-2753 or at service@ilapld.com. For all other inquiries, please contact Kari Beyer at 312-835-9040 or at Kari.Beyer@illinois.gov.
Predatory Lending
What is predatory lending?
Unfair, deceptive or negligent lending practices, often referred to as “predatory lending,” have caused many families to lose their homes. When faced with a mortgage a borrower is unable to pay, the result is often foreclosure of the borrower’s home. This situation affects not only the owner of the foreclosed property, but the entire community as well. Neighborhoods fall into disrepair and home values decrease as properties are abandoned.
